Medical billing and coding Final Exam Questions and Answers 100% Pass

Medical billing and coding Final Exam Questions and Answers 100% Pass Which of the following is a reason for why the field of medical billing and coding is in high demand? - Correct Answer ️️ -An aging population will use more healthcare services to manage a multitude of chronic diseases. What is the process of reporting diagnoses and procedures/services as numeric and alphanumeric characters on the insurance claim? - Correct Answer ️️ -Medical coding What is the two-way, real time video visit between the patient and the physician at a distant site? - Correct Answer ️️ -Telehealth What is the amount for which the patient is financially responsible before an insurance policy provides payment? - Correct Answer ️️ -Deductible What type of health insurance is provided through your employer or purchased directly from an insurance company? - Correct Answer ️️ -Commercial What is the missing word in the following phrase: "If it wasn't ___________, it wasn't done." - Correct Answer ️️ -Documented What section of the SOAP note contains the chief complaint and the patient's description of the presenting problem? - Correct Answer ️️ -Subjective What is health information in a digital format that is created and shared by providers across more than one healthcare setting? - Correct Answer ️️ -Electronic health record (EHR) What is the reimbursement method where one payment covers all services during an episode of care? - Correct Answer ️️ -Bundled payment What is a written order from your primary care provider for you to see a specialist or get certain medical services? - Correct Answer ️️ -Referral What health plans are designed to put more responsibility on the employee for their healthcare spending? - Correct Answer ️️ -Consumer-directed health plans In a physician practice, revenue cycle management is also called what? - Correct Answer ️️ -Accounts receivable What is the computer-to-computer transfer of data between providers and third-party payers? - Correct Answer ️️ -Electronic data interchange (EDI) What type of claim was never entered into the computer system of the insurance company because it failed to meet specific data requirements? - Correct Answer ️️ - Rejected claim What is the maximum amount that an insurer will reimburse for a covered service or procedure? - Correct Answer ️️ -Allowable charge What is price transparency in healthcare? - Correct Answer ️️ -Patients are informed about what charges to expect. What is the term for an individual who has not reached the age of m